Press Releases

Mellon Investor Services Appointed Transfer Agent for Neiman Marcus

RIDGEFIELD PARK, N.J., September 30, 2002— Mellon Investor Services (MIS) has been appointed transfer agent, registrar, dividend disbursing agent and dividend reinvestment agent for The Neiman Marcus Group, Inc. Under the terms of the agreement, MIS will manage all stock transfer activities for Neiman Marcus' registered shareholders.

"We are proud to add Neiman Marcus to our growing client list of major U.S. corporations," said Jim Aramanda, MIS president and chief executive officer.

The Neiman Marcus Group includes the Specialty Retail Stores, which consists of Neiman Marcus and Bergdorf Goodman, and Neiman Marcus Direct, which conducts the Company's direct marketing operations.

Mellon Investor Services, a wholly owned subsidiary of Mellon Financial Corporation, is a leading provider of shareholder services and related securities products in North America. Mellon Investor Services offers transfer agency services that include global shares; merger and acquisition services; securities brokerage; corporate-sponsored financial planning; stock option and employee stock purchase plan administration; direct purchase and dividend reinvestment plan administration; demutualization services; proxy solicitation, stock watch; odd-lot programs; unclaimed property compliance; information agent services; and consulting services. Additional information about Mellon Investor Services is available at www.melloninvestor.com

Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and affluent individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, human resources services and treasury services. Mellon has approximately $2.8 trillion in assets under management, administration or custody, including $588 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at www.mellon.com.